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The ideal output of a particular oil-rig in the Mexican Gulf is 1000 barrels per day, neither more nor less: with higher output the mechanical
The ideal output of a particular oil-rig in the Mexican Gulf is 1000 barrels per day, neither morenor less:with higher output the mechanical wear is too high, and with lower output they don't earnenough money.If the output is higher than that, the foreman raises an American ag at the end ofthe day.If the output is lower than 1000 barrels, the foreman raises no ag.Old Joe the RetiredStatistician watches from the shore every day.After 32 days, the ag was raised on 20 of thosedays.Is the oil-rig operating at non-ideal conditions?
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